Corporate pension funding decreased for the first time since December 2022. 

Some allocators and managers are doing this, expecting a price pop ahead and collecting nice interest payouts along the way.

Concerns about cash deposits and the definition of ‘covered technology’ dominate the criticisms of both rules.

Perese previously spent 14 years at Bridgewater Associates.

Previously a portfolio manager, Donegan is the system’s first woman to hold the position.

The classic trade-off between unemployment and inflation isn’t the same due to the Federal Reserve, in Peter Berezin’s view.

The duo will retain their current duties under former CEO Eric Adler, who will helm newly formed PGIM Private Alternatives.